Provided by NWMLS, Bought with Hansen Group Real Estate Inc and Listed by The Foundation Group LLC

Sold

2148 E View Place

Ferndale WA, 98248

$1,937,000


$198.79 per sqft

Sold

9,744 sqft

Multi-family

Built in 1970

Attractive 12-unit walk-up style apartment building for sale in Ferndale, WA. Current cap rate of 5.84%. Built in 1970 property has favorable unit mix of 11x 2B/1B (812SqFt) and 1x 1B/1B(700SqFt). Property had significant exterior capital improvements within last few years making this a simple value-add play. Property is trending to over an 8% proforma cap rate. This is a can't-miss opportunity for the value-add investor looking to grow their portfolio in the desirable and growing Whatcom County market.

2175948

MLS ID

October 30, 2023

Listed

November 22, 2024

Updated

Map

2148 E View Place
Ferndale WA, 98248

Interior Features

Total Stories

2


Interior Features

Wall to Wall Carpet


Floor Description

Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.45 Acres


Exterior Features

Wood Products


Lot Features

Cul-De-Sac


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Ferndale


High School

Ferndale High


Elementary School

Buyer To Verify

Other Property Details

Area Name

870 - Ferndale/Custer


Taxes

$12,897


Tax Frequency

Annually


Garage

No


Parking Total

19


View

No


County

Whatcom


Water Source

Public


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

2/17/2024

Sold

$1,937,000

12/8/2023

Pending

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 1/15/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 1/15/2025 at 12:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated on 1/15/2025 at 12:00 PM UTC 

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